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Money Market

CBN denies devaluing the Naira

The attention of the Central Bank of Nigeria, CBN, has been drawn to a news report by Daily Trust Newspaper of June 1, 2023,...

Zenith Bank bags Best Corporate Governance Financial Services’ in Africa for the Fourth time

Zenith Bank Plc has been named as the Best Corporate Governance 'Financial Services' Africa 2023 by the Ethical Boardroom for the fourth consecutive year. The...

NDIC pledges speedy payment of claims to Depositors of Closed MFBs & PMDs

Following the revocation of licenses of 179 Microfinance Banks, MFBs, and four Primary Mortgage Banks, PMBs, by the Central Bank of Nigeria, CBN, the Nigeria Deposit...

CBN revokes licenses of 179 Microfinance Banks

The Central Bank of Nigeria, CBN, on Tuesday, revoked the operating licenses of 179 microfinance banks and those of four primary mortgage banks and...

Access Bank PLC expands global footprint with launch of French subsidiary  

L-R: Jamie Simmonds, CEO, Access Bank UK Limited; Herbert Wigwe; GMD/CEO, Access Holdings Plc; Olivier Becht, France Minister of Foreign Trade; Aigboje Aig-Imoukuede, Chairman,...

BVN issued in Nigeria has no expiry date – CBN

The attention of the Central Bank of Nigeria, CBN, has been drawn to reports suggesting that the Bank Verification Number, BVN, issued by the...

NDIC Lauds Judiciary, solicitors on diligent prosecution of failed bank cases

Caption L-R: NDIC MD/CE, Bello Hassan exchanges pleasantries with NDIC Head Legal Department, Henry Fomah and Emeka Ngige, at the 2023 NDIC Sensitization Seminar for...

NDIC Commences Verification of Insured Depositors of Defunct Peak Merchant Bank

In line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure, the Nigeria Deposit Insurance corporation, NDIC,...

Access Bank Rewards Customers With Cash Prizes in DiamondXtra Digital Campaign

In a bid to encourage digital transactions and savings, leading retail bank Access Bank is rewarding customers, who open DiamondXtra Digital accounts, with cash...

NDIC tasks Depositors to protect their bank deposits

The Managing Director/Chief Executive of the Nigeria Insurance Deposit Corporation, NDIC, Bello Hassan, has urged the depositors to protect their deposits by ensuring that...